Aerolineas Argentinas set to benefit as new government promises to removed controls on currency exchange and ended a 15-year standoff with creditors!

Aerolineas Argentinas set to benefit as new government promises to removed controls on currency exchange and ended a 15-year standoff with creditors!

Argentinian President Mauricio Macri has promised that South America’s second-largest economy will expand next year, after he removed controls on currency exchange and ended a 15-year standoff with creditors. While those steps deepened the country’s recession, they won international support after years with little foreign investment. International companies now have pledged to invest more than $20 billion through 2020, according to the Finance Ministry. Aerolineas Argentinas will benefit as tourism and investment starts to enter Argentina.